(EnergyAsia, April 14 2011, Thursday) — A consortium of Chinese companies is offering to shell out a total of C$1 billion to acquire stakes in coal resources in Canada’s British Columbia province. (US$1=C$0.97).Led by the Shougang Group, the consortium is interested to help develop three underground coal mines in northeastern British Columbia from late next…
CHINA: Consortium eyes stake in Canada’s coal resources
Posted on April 14, 2011 by EnergyAsia